The Business Credit and Financing Show
Podcast by Ty Crandall
Episode 634:
Brandon Elliot: How to Utilize Credit to Invest in Real Estate
Ty Crandall Interviews Industry Leaders
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See How to Utilize Credit to Invest in Real Estate
Brandon Elliot: How to Utilize Credit to Invest in Real Estate
Top 100 Yahoo Finance in 2020, Brandon Elliott is a leading authority on real estate and credit. He is experienced and proven in utilizing credit to invest in real estate and implement the "BRRRR Strategy." Brandon has a thriving credit repair and tradelines company but prefers teaching people the credit hacks he's been applying for years such as building huge credit lines for both personal/business up to 7-figures and manufactured spending techniques- showing ways to create millions of points equivalent to cash, free travels, and even buying properties using credit cards. From the credit knowledge that is taught in his Elite Credit Course, Brandon was able to liquidate $200K+ for a safety-net when purchasing a 4-PLEX in one of the most desirable locations in San Diego, just 8 minutes walking distance from the famous San Diego Zoo. His passion in helping others reach their financial freedom too, led Brandon to host "Ready. Set. Go. Real Estate Investing" podcast every Monday sharing how you can invest in real estate successfully with little to no money utilizing credit. Brandon has completed numerous Fix & Flips locally in San Diego as well as across the country out of state virtually with his worst project still being 60% cash-on-cash ROI.
During the show we discuss:
- How to get very high limits on credit cards
- Why you should ask for credit limit increases every 6 months
- Why using the credit you get is essential to getting higher limits
- Why to avoid hard-pull inquiries on your credit report
- Why you need to speak to underwriting not the first person who answers
- How to speak to underwriters to get them to give you higher limits
- How to turn denials into approvals
- How to determine the best kind of credit card to apply for
- How to us credit cards to buy properties
- How to cash out credit cards at 0%
- The best way to pay to rehab a property
- A cool hack to not be taken care of by contractors
- How to find the best renters for your properties
- The lenders who are the easiest to get cash out refinances from
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